170 Gracefield Avenue

Welcome to your new opportunity! This delightful house for sale in North York , located at 170 Gracefield Avenue, North York, is not just a home but an income-generating property that could be the perfect investment for first-time buyers or seasoned investors alike. Nestled in the charming Maple Leaf community, this detached bungalow boasts a generous lot size of 56 x 109 feet, providing ample space for your needs.

As you approach the property at 170 Gracefield Avenue, North York, you'll notice the inviting brick exterior that exudes a classic charm. This home is designed with practicality in mind, featuring three cosy and spacious bedrooms on the main floor. The sun-filled living room seamlessly combines with the dining area, creating an ideal space for entertaining or relaxing with family. The eat-in kitchen, conveniently located on the lower level, offers easy access to the sunroom, where you can enjoy your morning coffee while soaking up the sunlight.

One of the standout features of this house for sale in North York is its income potential. Currently, the property is generating a solid income with two suites leased for a total of $4,800 per month, excluding utilities. This makes it an attractive option for anyone looking to offset their mortgage payments or simply earn extra income. The separate entrance to the basement leads to an updated suite that was modernised in 2021, featuring a kitchen, two bedrooms, and a bathroom. The large bedroom in the basement could easily serve as a family room or a home office, offering versatility for your lifestyle.

The location of 170 Gracefield Avenue, North York, is another significant advantage. Situated in close proximity to major highways 401 and 400, commuting to other parts of Toronto is a breeze. Additionally, you'll find all the amenities you need just a stone's throw away, including shops, restaurants, and schools. In fact, there's a school directly across the street, making it an ideal spot for families with children.

While this house for sale in North York does not feature a pool or a central vacuum system, it does come equipped with central air conditioning to keep you cool during the warmer months. The property also includes a fireplace, perfect for those chilly winter evenings when you want to snuggle up with a good book or enjoy a movie night. The heating is provided by a forced air system, ensuring your home stays warm and cosy.

Parking is never a hassle here, with a private double driveway that accommodates up to four vehicles, along with an attached garage that provides additional space for storage or parking. The sewer and municipal water services ensure that you have all the necessary utilities for comfortable living.

This house for sale in North York is unfurnished, allowing you to put your personal touch on the space and make it truly your own. With a total of seven rooms, including additional rooms that can be utilised as needed, you'll have plenty of space to create the perfect home environment.

In summary, 170 Gracefield Avenue, North York, is a fantastic opportunity for anyone looking to invest in a property that offers both living and rental potential. With its spacious layout, prime location, and income-generating capabilities, this house for sale in North York is not to be missed. Whether you're a first-time buyer or an experienced investor, this property has something to offer everyone. Don’t hesitate to reach out for more information or to arrange a viewing – your future home awaits!

Maple Leaf is a charming neighbourhood located in North York, characterised by its serene residential streets and lush green spaces. This area boasts a delightful mix of single-family homes and townhouses, providing a welcoming atmosphere for families and professionals alike. The community is conveniently situated near major transport links, making it easy to access downtown Toronto and other parts of the Greater Toronto Area. With its proximity to parks, schools, and local amenities, Maple Leaf offers a peaceful suburban lifestyle while still being connected to the vibrant urban life of the city. Whether you enjoy leisurely strolls in nature or the convenience of nearby shops and services, Maple Leaf presents an inviting option for potential residents seeking a balanced way of life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Just 0.1 km away, Gracefield Public School offers elementary education from Junior Kindergarten to Grade 5 under the Toronto District School Board. For older children, Amesbury Middle School, located 0.3 km away, caters to Grades 6 to 8. High school students can attend Weston Collegiate Institute, which is 1.6 km from the property. Additionally, Maple Leaf Public School, only 0.6 km away, provides a French immersion program for students from JK to Grade 8 and boasts a commendable rating of 4.3. St. Francis Xavier Catholic School, also 0.6 km away, offers a strong Catholic education for Grades JK to 8 with an impressive rating of 5. For secondary education, Madonna Catholic Secondary School is situated 2.5 km away and has a high rating of 4.9. This diverse range of schools, including both public and Catholic options, ensures that families have access to quality education in a supportive community environment. With such proximity to educational facilities, this property is a fantastic opportunity for buyers prioritizing education for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 549 residents, with an average household size of 2.8. The community is characterized by a relatively mature demographic, with an average age of 41.5 years. The average household income stands at $93,000, indicating a generally affluent area, although 10.8% of the population lives in low-income conditions. The real estate market reflects this affluence, with an average property price of $1,040,000. A significant portion of the population is single, comprising 53.76%, while nearly half (46.88%) of households include children. The area is notably diverse, with 62.28% of residents being immigrants. Renting is prevalent, with 63.16% of the population classified as renters, and there are no condominiums available in the area. Educational attainment is relatively high, with 45.54% of residents holding a college or university degree. However, a considerable portion of the population, 37.62%, is not participating in the labor force, which may impact local economic dynamics. Overall, this community presents a blend of affluence, diversity, and family-oriented households.